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The 2017 IRI Medal.

Recognizing the significant achievements of individual innovators is a core mission of the Industrial Research Institute (IRI). The IRI Medal, established in 1946, is presented to recognize leaders of technology for outstanding accomplishments in technological innovation that have contributed broadly to the development of industry and the advancement of science and society. The Medal is awarded at the discretion of IRI's Board of Directors and presented at IRI's Annual Meeting. In 2017, the Board awarded the IRI Medal to Joichi Ito and Henry Chesbrough.

Joichi Ito

The 2017 IRI Medal was presented to Joichi Ito for his leadership at the MIT Media Lab, where art, design, technology, science, and multimedia converge for the purpose of "inventing a better future"; for his advocacy on behalf of innovation, Internet freedom, global technology policy, and the role of the Internet in affecting positive change in society; for his foresight in offering early support and guidance to innovative corporations that have changed the world; and for his significant influence on the future of technology.

Joichi Ito is the director of the highly esteemed MIT Media Lab. He has been recognized for his work as an activist, entrepreneur, venture capitalist, and advocate of emerging democracy, privacy, and Internet freedom. As director of the Media Lab, he is exploring how radical new approaches to science and technology can transform society in substantial, positive ways.

Ito currently serves on numerous corporate and foundation boards, including The New York Times Company, Sony Corporation, the John S. and James L. Knight Foundation, and the John D. and Catherine T. MacArthur Foundation. He is chairman of the board of PureTech Health. He previously served as Chairman of Creative Commons, Energy Conversion Devices, ICANN, Mozilla Foundation, and the Open Source, Initiative. He is also a venture capitalist and angel investor in numerous successful Internet 'companies, including Kickstarter, Twitter, Flickr, Last.fm, Six Apart, and Kongregate, to name but a few.

A long-time advocate of innovation and Internet freedom, he was listed as a member of TIME Magazine's Cyber Elite in 1997 and selected by the World Economic Forum as one of the Global Leaders of Tomorrow in 2001. In 2011, the University of Oxford Internet Institute honored him with a Lifetime Achievement Award in recognition of his advocacy of Internet freedom.

Ito studied computer science at Tufts University and physics at the University of Chicago. He is the coauthor, with Jeff Howe, of Whiplash: How to Survive Our Faster Future (Grand Central Publishing, 2016).

The 2017 IRI Medal

Recognizing the significant achievements of individual innovators is a core mission of the Industrial Research Institute (IRI). The IRI Medal, established in 1946, is presented to recognize leaders of technology for outstanding accomplishments in technological innovation that have contributed broadly to the development of industry and the advancement of science and society. The Medal is awarded at the discretion of IRI's Board of Directors and presented at IRI's Annual Meeting. In 2017, the Board awarded the IRI Medal to Joichi Ito and Henry Chesbrough.

Henry Chesbrough

The 2017 IRI Medal was presented to Henry Chesbrough for his work developing the concept of open innovation and championing its research and the development of best practices; for his leadership at the Garwood Center for Corporate Innovation at the Haas School of Business at the University of California, Berkeley; for his broad contributions to the research of business and technology management practices; and for his numerous publications detailing novel approaches to the management of open, decentralized innovation systems.

Henry Chesbrough, who is Faculty Director of the Garwood Center for Corporate Innovation at the Haas School of Business at the University of California, Berkeley, is widely regarded as the "Father of Open Innovation." His research focuses on managing technology and innovation. His book Open Innovation (2003) articulated a new paradigm for organizing and managing R&D, one that became all but ubiquitous. His second book, Open Business Models (2006), extended his analysis of innovation to business models, intellectual property management, and markets for innovation. His third book, Open Services Innovation (2011), explored open innovation in services businesses. He has also published two academic review volumes with Oxford University Press, including New Frontiers in Open Innovation (2014). His work has been published in the Harvard Business Review, California Management Review, Sloan Management Review, Research Policy, Industrial and Corporate Change, Research-Technology Management, Business History Review, and the Journal of Evolutionary Economics.

Previously, Chesbrough was an assistant professor of business administration and the Class of 1961 Fellow at the Harvard Business School. He holds a PhD in business administration from the University of California, Berkeley; an MBA from Stanford University; and a BA from Yale University.

Prior to embarking on an academic career, he spent 10 years in various product planning and strategic marketing positions in Silicon Valley companies. He worked for seven of those years at Quantum Corporation, a leading hard disk drive manufacturer and a Fortune 500 company.

DOI: 10.1080/08956308.2017.1373046

Caption: John Hillenbrand, Chair of IRI, right, presents the IRI Medal to Joichi Ito, MIT Media Lab, at IRI's 2017 Annual Meeting in Boston. Also pictured are Daniel Abramowicz, Crown Holdings, and John Seely Brown, Deloitte's Center for the Edge.

Caption: John Hillenbrand, Chair of IRI, right, presents the IRI Medal to Henry Chesbrough, Executive Director of the Garwood Center for Open Innovation, at the University of California, Berkeley, at IRI's 2017 Annual Meeting in Boston. Also pictured, left to right, are Daniel Abramowicz, Crown Holdings, and Martha Colllins, HarbisonWalker International.
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Title Annotation:MIT Media Lab; Industrial Research Institute
Comment:The 2017 IRI Medal.(MIT Media Lab)(Industrial Research Institute)
Publication:Research-Technology Management
Geographic Code:1USA
Date:Nov 1, 2017
Words:917
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